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StartOrder Risk Manager

Possibilities:

  • Provides the opening of an order with a specified% risk of the deposit
  • Automatic calculation of lot and other parameters of a trade for a given% risk, StopLoss and TakeProfit levels
  • Transaction support. You can accompany an order opened by another robot. It is possible to transfer the order to breakeven and carry out a step trailing profit
  • Graphic information panel, can be converted into a minimalistic look. Displays information about the current spread, swap, deposit load, profitability of the trade, the level of correlation with other pairs, etc. Allows you to control parameters both by buttons and by entering data.
  • You can move the virtual StopLoss and TakeProfit levels before opening a deal with the mouse and immediately see the predicted calculations for lot, loss and profit
  • Automatic opening of an order with the selected parameters when the market is updated for the first time.

How to use:

Set the maximum acceptable risk for the order in% of the current deposit. Select the direction Sell or Buy. Virtual StopLoss and TakeProfit levels will appear. Set them in number or adjust them virtually with the mouse, before opening a deal. Lot, profit and loss are automatically calculated. When changing levels, the advisor will automatically recalculate all parameters. If you are satisfied with all the parameters of the deal, press the OK button. The Expert Advisor will wait for the price update and will open an order with the specified values ​​by itself. Thus, we obtain a limitation of the risk for the given parameters.

If you need to further support the transaction, enable the breakeven and step trailing profit in the options, setting their values ​​different from zero.

Peculiarities:

  • The calculated risk level will slightly differ from the specified one due to the minimum step of changing the deposit lot of 0.01. Swap and changing spread will also affect the final result.
  • You cannot set StopLoss and TakeProfit levels less than the minimum value set in the options, however, you can set the value equal to 0, which means opening an order without setting the appropriate level
  • The level of correlation with other open orders is monitored. If a correlation is found, then the corresponding direction is highlighted in red. Indicated with how many currency pairs there is a correlation
  • Control of incorrectly entered data
  • The change in Equity is displayed both in the deposit currency and as a percentage
  • The load on the deposit is shown: the total lot and the number of open orders
  • Pip value calculation

Parameters:

StopLoss - set in classic points. It can be changed in the options, in the control panel and graphically by moving the virtual level with the mouse before opening a real position.

TakeProfit - set in classic points. It can be changed in the options, in the control panel and graphically by moving the virtual level with the mouse before opening a real position.

MaxRisk in% - the main parameter, sets the risk level as a percentage of the current deposit. Can be set both in options and in the control panel.

MinSL - is a safety parameter that determines the minimum distance in classic points from the current price, closer to which StopLoss cannot be placed.

MinTP - is a safety parameter that defines the minimum distance in classic points from the current price, closer than which TakeProfit cannot be placed.

BreakEven in pips - breakeven level in points

BreakEven in% of TP - breakeven level in% of TP level

Switch-on level in pips - trawl switch-on level in points

Step in pips - trawl step in points

Max Spred - the maximum allowable spread. If the current spread exceeds the value of this parameter, the spread indicator on the information panel will turn red, attracting the attention of the trader.

Price Slippage - allowable price slippage in points

Magic - is a number that allows the advisor to find exactly its own order. You can set it to zero.

NoMagic - support of an order with any Magic number

SetName is the name of the set. Optional parameter


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An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
Assuma o controle de sua carteira forex. Veja instantaneamente onde você está, o que está funcionando e o que está causando dor! VERSÃO MT5 DISPONÍVEL AQUI: https://www.mql5.com/en/market/product/58658 O Painel do Trade Manager foi projetado para mostrar rapidamente onde está cada posição que você tem no mercado cambial atualmente e tornar o gerenciamento de risco e a exposição a moedas mais fáceis de entender. Para os comerciantes que escalam para o mercado gradualmente com várias posições o
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
Take a Break
Eric Emmrich
5 (27)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
TakePropips TradePad Pro inclui um poderoso gerenciador comercial, medidor de força da moeda, ferramentas de relatórios de contas, ferramentas de gerenciamento de risco e muito mais! É um dos gerentes e assistentes comerciais forex mais avançados que você jamais encontrará! É a solução perfeita para traders que desejam uma maneira mais eficiente de gerenciar transações comerciais. Você pode baixar o manual do usuário em nosso blog:   https://www.mql5.com/en/blogs/post/751180 Você pode testar e
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